Tahoe Home Prices

upward trendI have to tell you:  I am a recovering Math Major, specifically Statistics.  I love numbers and data and formulas.  So when someone asks me about home price trends I have to temper my excitement.  There seems to be some people who feel that home prices in the South Lake Tahoe area are falling.  And they are cleverly lying in wait for the market to plateau and then pounce on the market when they stand the most to gain.  That’s good business.  BUT if you look at the median home sales prices over the last 3 years, the South Tahoe market is on an unmistakable upward trend.  Click the link.  It’s so nice to have a chart to show you where things have been.

Median Home Prices